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Cheque book News

10 Oct 2022

New rules regarding check bounce cases, govt could bring THESE big changes

Some of the steps suggested before taking legal recourse included debiting another accounts of the cheque issuer if his or her account is short of funds to honour the instrument, sources said.

30 Sep 2021

6 rules will changing from October to affect your everyday life

Since these new rules are set to impact the day-to-day lives of a common man and hence it is important to know more about these changes in detail.

26 Sep 2021

Bank customers alert! Cheque book of 3 banks will become invalid from Oct 1

Cheque books of Allahabad Bank will become invalid. Oriental Bank of Commerce (OBC) and United Bank of India (UNI) cheque books will also become invalid. Customers should issue new cheque books from the banks.

25 Aug 2021

Banking update: Cheque clearing system will change from September 1

Axis Bank cheque payment rules changed. New cheque payment rules from September 1. Know what is positive pay system.

07 Aug 2021

RBI Rules: Follow THIS or your cheque will bounce

This new rule will benefit the cheque book users as their issued cheques will be easily cleared on a holiday. This means that the issued cheques will be cleared on a Saturday or Sunday too. It is important for customers to keep in mind that NACH will be operational all hours of the day and even on holidays.

05 Aug 2021

THIS Bank's cheque book, MICR code will stop working from October 1

The MICR code and cheque books of the erstwhile Allahabad Bank will be discontinued from 01.10.2021.

01 Apr 2021

Cheque book, MICR code, other changes for customer of these 7 banks from Apr 1

New rule from April 1. Rules on Cheque book. Rules on MICR, IFSC code.

01 Jan 2021

Positive pay system for cheque kick in from January 1: Know the benefits

What is Positive Pay System? Positive Pay System implemented from January 01. New cheque rules for large value cheques.

30 Dec 2020

SBI new cheque payment from Jan 1: What it is and how it makes cheques secure

What is Positive Pay System? Positive Pay System implemented from January 01. New cheque rules for large value cheques.

11 Dec 2020

Cheque payments rule changing from January 1: Here's all about the new rule

What is Positive Pay System? Positive Pay System implemented from January 01. New cheque rules for large value cheques.

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